NWSA considers new Pier 17 lease with Vane Line

The Northwest Seaport Alliance conducted a first reading of a new Pier 17 lease with Vane Line Bunkering, LLC for vessel moorage and expanded office/warehouse and dock space. The five-year term lease, with two additional five-year extension options, is projected to generate $311,686 in initial annual revenue and has a net present value of $1.41 million over the initial term.

Scope & details

The full contract record, as filed.

Contract amount

Initial annual revenue $311,686; net present value of initial 5-year term $1,410,706

Contract type

FACILITIES

Contract term

Initial term of five (5) years with two additional five (5) year term options to extend with mutual agreement

Renewal

Initial five-year lease term with two additional five-year options to extend subject to mutual agreement; rent subject to annual CPI-U adjustments.

Document type

Agreement

Source document

The Northwest Seaport Alliance Agreement First Reading – Vane Line Bunkering, LLC Lease at Pier 17 2026-06-02

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The Northwest Seaport Alliance Agreement Second Reading – Vane Line Bunkering, LLC Lease at Pier 17 2026-07-07

APPROVED

The Northwest Seaport Alliance, WashingtonJul 7, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by The Northwest Seaport Alliance?

Vane Line Bunkering Llc was awarded this facilities contract by The Northwest Seaport Alliance, as recorded on June 2, 2026. The contract value is Initial annual revenue $311,686; net present value of initial 5-year term $1,410,706.

How much is the Vane Line Bunkering Llc contract with The Northwest Seaport Alliance worth?

The Vane Line Bunkering Llc contract with The Northwest Seaport Alliance is valued at Initial annual revenue $311,686; net present value of initial 5-year term $1,410,706, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agreement record.

Where was this contract approved?

This contract appears in The Northwest Seaport Alliance Agreement First Reading – Vane Line Bunkering, LLC Lease at Pier 17 2026-06-02 (Agreement), dated June 2, 2026 from The Northwest Seaport Alliance. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vane Line Bunkering Llc hold?

Vane Line Bunkering Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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